SPEAKER INDEX CONTENTS INSERTS BACHUS 1 10 13 16 17 18 20 21 22 23 24 25 26 27 29 30 31 33 34 35 38 41 45 BENTSEN 14 15 16 CARNELL 34 35 HART 27 28 29 KELLY 10 11 12 13 LUCAS 30 31 NORTH 39 POWELL 4 11 12 13 15 16 17 18 19 20 21 22 23 26 27 28 29 31 THOMAS 33 42 WATERS 24 CONTENTS SPEAKERS INSERTS STATEMENT OF HON. DONALD E. POWELL, CHAIRMAN, FEDERAL DEPOSIT INSURANCE CORPORATION PAGE 4 STATEMENT OF RICHARD S. CARNELL, Ph.D., ASSOCIATE PROFESSOR OF LAW, FORDHAM UNIVERSITY SCHOOL OF LAW PAGE 34 STATEMENT OF NOLAN L. NORTH, VICE PRESIDENT AND ASSISTANT TREASURER, T. ROWE PRICE ASSOCIATES, INC., ON BEHALF OF THE ASSOCIATION FOR FINANCIAL PROFESSIONALS PAGE 38 STATEMENT OF KENNETH H. THOMAS, Ph.D., LECTURER IN FINANCE, THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA PAGE 42 INSERTS SPEAKERS CONTENTS NO INSERTS IN THIS HEARING